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Technology Stocks : Seagate Technology - Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Mark Madden who wrote (1883)	7/13/2000 4:30:39 PM
From: Sam	Respond to of 1989

Mark, Everything over $800m goes to Veritas, according the doc I read. Veritas will have a large tax to pay, I think, from their exchange of shares, and the cash will go to offset that. I'm not really sure about the above info, but I think it's correct. One of these days, I will have to get current on their SEC filings. Sam

To: Mark Madden who wrote (1883)	7/13/2000 6:50:40 PM
From: Struggling Investor	Read Replies (2) \| Respond to of 1989

Mark, it's probable that the only viable contribution I've made to this board was the "heads-up" on the SNDK sales. (I took advantage of the fire sales @44 and hope others did, too - who knows, though.) Think I posted those messages back in May (or possibly April.) I'm so disgusted. Check out Gadzooks (Luczo is also on that board) - their potential is getting dimmer by the second, and the stock price has depreciated substantially; so, why did they hold onto ZOOX and sell SNDK? Of course, it's entirely possible that the SL crowd is privy to information that is not available to us, but check out the ZOOX chart: quote.yahoo.com Your cynical friend, trish

To: Mark Madden who wrote (1883)	7/14/2000 7:47:04 PM
From: Sam	Read Replies (1) \| Respond to of 1989

You know, every time I read more of this proxy statement, I get shocked by something else. Morgan Stanley was the firm that they got to issue the "fairness" opinion, in regard to the fairness of their $5 offer for Seagate stock. And then, you read, << Morgan Stanley and some of its officers and employees have committed to invest up to $42.3 million in Silver Lake Partners' $2.3 billion fund. Morgan Stanley's commitment is $500,000, and the remainder consists of commitments from approximately 125 officers and employees of Morgan Stanley. These commitments were made before Morgan Stanley began advising the Seagate board of directors regarding the transactions described in this document. Upon completion of the merger, Morgan Stanley will be entitled to receive a cash fee, based upon a percentage of the aggregate value of the merger.>> How in the world can this not be a conflict of interest? MS people are investors in this deal. Of course they would think that it's fair. It's very fair to them, startlingly so. Oh, Lord, I feel my stomach clenching up in anger and disgust again. These guys,.... Sam